What is A (COE) and its significance in the process of importing to Singapore?
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The Certificate of Entitlement (COE) is a vital element of Singapore's vehicle ownership system, issued by the LTA (Land Transport Authority). It is a legal document that grants the holder the right to register, own, and use a vehicle in Singapore for a period of 10 years. The COE system was introduced as a measure to control the number of vehicles on Singapore's roads and manage traffic congestion effectively.
In the context of importing a vehicle to Singapore, the COE plays a vital role. When importing a car from another country, the owner needs to obtain a COE before the vehicle can be registered and legally used on Singaporean roads. The COE is required regardless of whether the car is new or used.